Port transformation will prioritize
sustainability and advanced technology
DALLAS, Sept. 18,
2023 /PRNewswire/ -- Jacobs (NYSE:J) has been
appointed by NEOM Company (NEOM) as the lead design consultant for
the Port of NEOM redevelopment project in northwest Saudi Arabia. The project in NEOM's new
industrial city Oxagon, will transform the existing facility into a
net zero, next-generation global logistics hub.
The world's first integrated port and supply chain system is
expected to be fully automated and operate on 100% renewable
energy. The design and construction will incorporate a range of
sustainability initiatives, including recovering and reusing
materials and structures where possible and using low-carbon steel
frames to construct quay walls.
"This transformational port project is another major
engagement for our business on Saudi giga project, NEOM,
and the latest addition to a growing portfolio of port and
maritime projects globally," said Jacobs Senior Vice President
Europe, Asia Pacific and Middle
East Keith Lawson. "As one of the world's leading port and
maritime consultants, we are able to provide an unparalleled
solution to NEOM that delivers on their vision, supports growth in
the region and pilots this facility toward a more connected
and sustainable future."
Located on the northern Red Sea
coast, the Port of NEOM is at the crossroads of the busiest trade
routes, with direct access to international markets, including
Asia, Europe, North
America and Africa. The
development of the primary seaport for northwest Saudi Arabia is expected to be a key enabler
of the region's economic growth, further enhancing connectivity and
attracting new business and industry to the region.
Jacobs will work alongside sub-consultants Moffatt & Nichol,
IGO Solutions and Trent to deliver the transformation project. NEOM
anticipates Terminal 1, the first container terminal, to be
operational by 2025.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With approximately $15 billion
in annual revenue and a talent force of more than 60,000, Jacobs
provides a full spectrum of professional services including
consulting, technical, scientific and project delivery for the
government and private sector. Visit jacobs.com and
connect with Jacobs on Facebook, Instagram, LinkedIn and
Twitter.
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forward-looking statements within the meaning of the Private
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statements are statements that do not directly relate to any
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currently available competitive, financial and economic data.
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There are a variety of factors that could cause business results to
differ materially from our forward-looking statements including,
but not limited to, the timing of the award of projects and funding
and potential changes to the amounts provided for under the
Infrastructure Investment and Jobs Act, as well as general economic
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possibility of a recession or economic downturn, geopolitical
events and conflicts, and the impact of the COVID-19 pandemic,
including the related reaction of governments on global and
regional market conditions, among others. For a description of some
additional factors that may occur that could cause actual results
to differ from our forward-looking statements, see the discussions
contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 -
Legal Proceedings; and Item 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations in our
most recently filed Annual Report on Form 10-K, and Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Item 1 - Legal Proceedings; and Item 1A -
Risk Factors in our most recently filed Quarterly Report on Form
10-Q, as well as the company's other filings with the Securities
and Exchange Commission. The company is not under any duty to
update any of the forward-looking statements after the date of this
press release to conform to actual results, except as required by
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SOURCE Jacobs